The challenges facing the banking sector are widely acknowledged. Banks are facing a new business environment, which encompasses regulatory pressure, customer volatility and higher macro-economic risk.
Let’s face it – banking is traditional and an industry which isn’t that receptive to change. Still, like any other sector, banks have challenging goals.
With PriceLenz, marketing teams can figure out which specific customers to target with scientifically selected products, and sales teams can identify the optimal sales price to maximize their revenue.
Pricing 101 strategies collectively provide a useful benchmark or starting point when it comes to setting prices for your business’s products and services. But they are just that, a starting point.
Panos: Generally PriceLenz does not require a lot of data to work with. It de...
B L Francis: how much information on each customer does your analytics require to m...